Below compares the price patterns of Crude Oil and the NYSE Index over the past 8-years. Crude and the NYSE don’t always correlate, over the past couple of years though, they have in a big way! CLICK ON CHART TO ENLARGE Since early 2015, the correlation between...

Sometimes, people look alike and sometimes patterns look alike. Below looks at the most important commodity on the planet (Crude Oil) and the New York Stock Exchange (NYSE) Index. CLICK HERE TO ENLARGE CHART ABOVE As the world starts drifting away from the Brexit...

Below compares the prices of Crude Oil and the New York Stock Exchange Index (NYSE) over the past couple of years. Once Crude peaked in 2014, the NYSE Index make little upward movement after than, even though the trend for the prior few years was clearly up. Over the...

CLICK ON CHART TO ENLARGE The NYSE index kissed the underside of dual resistance at (1) back in 2008. Once resistance held, a big push away from it took place and sellers stepped forward. NYSE creating a similar pattern again at (2)??? This would NOT be a good place...

The financial focus around the world right now seems to be the “Brexit” vote tomorrow in Europe. Even though that vote is important, we are most interested in the reactions of investors, after the vote. The 3-pack below looks at some key sectors in the...

CLICK ON CHART TO ENLARGE A popular theme has been to “Sell In May, and Go Away!” Following this idea paid off last year, will it again this year? Historically, stock market performance hasn’t been the strongest from May to October and last year...

CLICK ON CHART TO ENLARGE The “Big Apple” index (NYSE Composite), remains inside of the rising channel that has been in play for the past 50-years. If one applies Fibonacci retracement levels to the 2009 monthly closing lows and the highest monthly close...

The S&P 500 is now down around 7% on the year. Is the very long-term bull market still in play? Yes it is!!! The chart below looks at the NYSE Composite on a monthly basis, dating back to 1965. CLICK ON CHART TO ENLARGE As you can see, since the mid 60’s,...